Power to People - A Data Startup Aims To Help Fix Britain's 'Broken' Energy Market

Mon, 02/19/2018 - 15:52 EDT - Forbes.com - Top Stories

Competition in Britain's energy market has been declared 'broken' by an influential committee of MPs, partly with consumers who are deterred by complexity of the tariff system. Labrador sees a away to drive competition by using data analysis to make switching easier

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During his 15 years in parliament, recently retired MP Joe Comartin watched the marriages of some fellow MPs break up because of the stress caused by the job demands and being away from home so much.
Some members of Parliament moved their family to Ottawa, but still struggled to get home for dinner on weeknights because their duties kept them in the House until 8 p.m., since voting usually started at 5:30 p.m., Comartin recalled Tuesday.

NEW DELHI: Using the washing machine at night may help you save on your electricity bill. The government plans to introduce a time-of-day power tariff structure for residential customers, where peak-hour prices will be costlier than non-peak rates, after getting data on supply and consumption of electricity, coal, petroleum and renewable energy. NITI Aayog, the government think tank tasked with creating a knowledge support system through collaboration with national and international experts, will soon set up an energy data management cell.

China’s state oil company is prioritising a fix for Britain’s biggest oilfield, the accident-prone Buzzard, which plays a part in setting global oil prices.
CNOOC has taken a controlling stake in the North Sea field central to the price of benchmark Brent crude and which, every time it shuts, can raise costs for some of China’s oil imports.

The political fate of two MPs suspended from the Liberal caucus for allegedly acting improperly toward two female NDP MPs is now in “limbo” after an influential House of Commons board determined Tuesday it has no authority to deal with the matter.
The development came in a closed-door meeting on Parliament Hill of the all-party Board of Internal Economy (BOIE), which is chaired by Commons Speaker Andrew Scheer.
The board focused on the issue of how to establish a better system of handling cases of harassment involving MPs and their staff.